NORTH ARK AS

4250 KOPERVIK

Finances

Return on Equity

7,66 %

Current Ratio

2,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 496 000	1 520 000	1 635 000
Net Income	175 000	223 000	221 000
Total Assets	2 687 000	2 921 000	2 897 000
Total Equity	2 285 000	2 211 000	2 137 000

Income (NOK)	2022	2021	2020
Revenue	1 496 000	1 520 000	1 635 000
Expenditure	1 269 000	1 222 000	1 337 000
Operating Profit	228 000	298 000	298 000
Financial Income	5 000	2 000	2 000
Financial Costs	9 000	12 000	17 000
Financial Balance	−4 000	−10 000	−15 000
Earnings Before Tax	224 000	287 000	283 000
Tax	49 000	64 000	62 000
Net Income	175 000	223 000	221 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 648 000	1 827 000	2 032 000
Total Current Assets	1 039 000	1 094 000	865 000
Total Assets	2 687 000	2 921 000	2 897 000
Total Retained Equity	2 255 000	2 181 000	2 107 000
Total Equity	2 285 000	2 211 000	2 137 000
Total Long-Term Debt	0	220 000	305 000
Total Current Debt	402 000	490 000	455 000
Total Equity and Debt	2 687 000	2 921 000	2 897 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 496 000	1 520 000	1 632 000
Other Income	0	1 000	3 000
Revenue	1 496 000	1 520 000	1 635 000
Cost of Goods Sold	59 000	41 000	43 000
Salary Costs	641 000	640 000	651 000
Depreciation	192 000	207 000	212 000
Impairment	0	0	0
Expenditure	1 269 000	1 222 000	1 337 000
Operating Profit	228 000	298 000	298 000
Financial Income	5 000	2 000	2 000
Financial Costs	9 000	12 000	17 000
Financial Balance	−4 000	−10 000	−15 000
Dividends	100 000	0	150 000
Net Income	175 000	223 000	221 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	15 000	2 000	0
Real Eastate	1 474 000	1 539 000	1 605 000
Machinery and Plant Facilities	0	0	0
Fixtures	159 000	286 000	427 000
Total Tangible Assets	1 633 000	1 825 000	2 032 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 648 000	1 827 000	2 032 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	856 000	943 000	678 000
Total Current Assets	1 039 000	1 094 000	865 000
Total Assets	2 687 000	2 921 000	2 897 000
Total Equity	2 285 000	2 211 000	2 137 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	220 000	305 000
Creditors	26 000	43 000	77 000
Unpaid Taxes	93 000	89 000	75 000
Dividends	100 000	0	150 000
Other Current Debt	119 000	268 000	78 000
Total Current Debt	402 000	490 000	455 000
Total Equity and Debt	2 687 000	2 921 000	2 897 000

Financial indicators	2022	2021	2020
Return on Equity	7,66 %	10,09 %	10,34 %
Debt-to-Equity Ratio	0	0,1	0,14
Operating Profit Margin	15,24 %	19,61 %	18,23 %
Current Ratio	2,58	2,23	1,9
Quick Ratio	2,58	2,23	1,9
Equity Ratio	0,85	0,76	0,74
Gross Profit Margin	96,06 %	97,3 %	97,37 %